Topics regarding layoffs at Seagate Technology Inc.

Topics regarding layoffs at Seagate Technology Inc.

Is Seagate Supplying Huawei?

Toshiba will stop shipping disk drives to Huawei to avoid US sanctions. What about Seagate? Is Huawei a big customer? https://www.zerohedge.com/news/2019-05-23/toshiba-joins-huawei-blockade-suspends-hard-drive-shipments

Genius quarter

Dropped revenue of 25 percent from 2 quarters ago, 700 million decrease. Resulted in 83 cents per share of earnings. Gave 63 cents per share to the investors, laid off a lot of great people to get there. Is the loyalty to this company worth it when... — read more 

DH lay off coming

I heard lay off coming in DH, LCO in a month or two. They are working lay off plan from this week. About 10 people are expected to go.

What's the tipping point? Way too top heavy.

We have cut so many worker bees over the years yet doubled the content they need to monitor and keep working (despite some of it not being manufacturable without planned rework) but we have just as many managers. Everything seems down to a pissing... — read more 

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| 2600 views | | 8 replies (last June 30, 2019)
Post ID: @OP+YHIkuD2

This leadership is useless

Does anybody else still working at Seagate trust our current leadership? Believes they can turn us around? If there is somebody who believes this, I'll be mildly put shocked. Hopefully, everybody has seen through them by now, and knows that the only... — read more 

If you lose job on H1B

You have to vacate the the cihntry within 45 days as if new rules or else DHS will send FBI to arrest you. Happened to one-off my friend at Cupertino.

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| 1850 views | | 2 replies (last April 14, 2019)
Post ID: @OP+YywJqYQ

Here is what I learned

I was laid off from Longmont last year and it took more than 6 months to find a job in what people call a great job market for job seekers. Here is what I learned: Seagate is considered old tech and not a great name on your resume unless looking for... — read more 

No good alternative

I've been sending out my resumes for the past several months, testing out the water, and what I'm finding is really not good. There don't seem to be that many available jobs - no matter what the economy numbers are saying. And even when I was able to... — read more 

More to come

EDS / Cloud brethren: Much more is to come. Stay tuned for repeated, small RIFs at workerbee level... All at and above Staff level - LCO and Pune - start preparing for life outside Seagate. 'Misalignment' with mgmt will hasten your journey - for... — read more 

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| 3320 views | | 7 replies (last April 12, 2019)
Post ID: @OP+YmbuFUO

EDS CTO out?!

Whats up with EDS guys? Anybody care to enlighten us??

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| 1180 views | | no replies yet
Post ID: @OP+Ymsk493

What happened?

What happened to all the supposed big layoffs? Why didn't they happen? Can't wait for more rumours and lies.

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| 2270 views | | 6 replies (last April 12, 2019)
Post ID: @OP+Yful8ou

Firings in lieu of layoffs

I've noticed people are being fired lately much more often than it was the case before. I know of two guys who were shown the door in the past two weeks - and in both cases the reason given is mildly put ridiculous, something that usually would... — read more 

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| 2390 views | | 5 replies (last April 12, 2019)
Post ID: @OP+YfUQopB

Severance is not a guarantee

Remember this, people. Severance is not something dictated by law. It's literally on the company to decide if it does or doesn't want to give a package to laid off employees. Don't wait for something that might not be coming just to find yourself in... — read more 

Cupertino office closure

I overheard a discussion about the Cupertino office closing and moving people to Fremont building. The discussion sounded as it would be a transition and not just an overnight switch. Any truth to this? Anyone know more of these details?

This wait is unbearable

I really wish we were told what's going on - just waiting, guessing and worrying is mentally exhausting. I think I'd handle it better if we new layoffs were tomorrow - at least I'd know it'd be all over after that, one way or another. Having to wait... — read more 

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| 2430 views | | 7 replies (last March 1, 2019)
Post ID: @OP+XPngo5d

Any regrets?

With more layoffs looming sometime next month, I've become more tempted than ever to just leave on my own. Wait for layoffs, if I'm not on the list, leave anyhow. I'm so tired of having no semblance of job security. I was wondering, those who have... — read more 

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| 3280 views | | 12 replies (last February 28, 2020)
Post ID: @OP+XNVM7yk

Seagate Singapore layoff starts March

40% layoff from management level to operators, starting March till end of year, restructuring plan for department, retrenchment packages less than expected.

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| 4720 views | | 9 replies (last February 26, 2019)
Post ID: @OP+XMusFlY

Lay off coming huge

In stages throughout 2019 to avoid impact in earning. DH Will be cut 50%

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| 1962 views | | 2 replies (last February 24, 2019)
Post ID: @OP+XLszdU6

Seagate Springtown Focal Survey

Seagate Springtown got absolutely trashed in the most recent focal survey,it wasnt the first time this has happened and wont be the last.Management have been scratching their heads wondering why the results were so bad.The geniuses that are the... — read more 

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| 2380 views | | 6 replies (last February 23, 2019)
Post ID: @OP+XKc1Zck

Always be prepared if you are working in Seagate

I was with seagate for a couple of months before i was shown to the door due to "re-structuring" I had packed all my stuff even before the hearsay lay-off rounds got in, on the day itself just awaiting managers' name calling and went in smiling to... — read more 

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| 2742 views | | 5 replies (last February 21, 2019)
Post ID: @OP+XGP22Gx

$30 for 240gb SSD

Lots of pressure on HDD prices. https://www.pcworld.com/article/3341336/computers/solid-state-drive-prices-get-even-more-ridiculous-this-240gb-ssd-is-just-30.amp.html

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| 2730 views | | 15 replies (last February 25, 2019)
Post ID: @OP+XFaBlwx

Exec heads need to roll

There needs to be some exec changes sales did not see this down turn at all. Sales leads need to be changed at VP level investor relations has not messaged where the company is going and the stock has not moved much what is business excellence VP and... — read more 

Seagate's Layoff process

These upcoming layoffs will be my first experience of layoffs, (yes, this means I am new to Seagate). What is the usual process and how long does it take? Is it a long drawn out process that can happen to anyone at anytime over the next few months?... — read more 

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| 2620 views | | 6 replies (last February 18, 2019)
Post ID: @OP+Xz0s3e9

Dont believe it until it actually happens!!

I've been a regular reader of "seagate layoffs" for quite a while and 99% of the stuff posted about layoffs is utter bullsh11t.There is not one contributer that knows what is going happen,its all lies and fantasies.People scaremongering just for the... — read more 

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| 2480 views | | 11 replies (last February 13, 2019)
Post ID: @OP+XzfkATn

Watch insider selling

Here is a link to see who is buying and selling. Surprise - Valueact is the only one buying https://www.nasdaq.com/symbol/stx/insider-trades

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| 1510 views | | 5 replies (last February 8, 2019)
Post ID: @OP+XvVbXO2

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